The New Companies Act, 2013 is set to replace the existing Companies Act, 1956. It was passed by the upper house of the Parliament on August 8, 2013 and recently received the Presidential assent as well. The new Companies Bill will make acquisitions, mergers and restructuring easier for companies, empower private equity investors to enforce various agreements and check on promoters by increasing transparency. The new Act proposes substantial changes to the existing company’s bill 1956.
VCCircle Training one day workshop on New Companies Act 2013- Impact on M&A and Private Equity will analyze the impact of the new law on various stakeholders involved in M&A and private equity investments in India and discuss the changes in the law relating to M&A, shareholders rights, duties of directors and corporate social responsibility.
Who should attend:
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- Executives involved in PE/VC and M&A Deals |
- Corporate/General/In-house Counsel |
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- Investment/Fund Managers |
- VPs & Managers from Legal Department |
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- Private Equity & Venture Capitalist |
- Managing Directors & Senior Management |
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- Investment Bankers |
- CFOs and Senior Finance Executives |
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- Law Firms & Consultants |
- Executives of M&A Team |
09.00 AM – 09:30 AM : Registration
09: 30 AM - 9:45 AM: Opening Remarks / Introduction
09: 45 AM - 01:00 PM: Module 1 (15mins Tea Break at 11 AM)
Module 1: Provisions related to Private Equity Investments under New Companies Act 2013
09:45 AM - 11:00AM:
Empowerment PE Investors to enforce various agreements and checks
Transferability of Shares
Definition of "subsidiary"
Listed Companies
Provision of Entrenchment clauses
Tag along and drag along rights put and call options
Greater Control on Private Companies
Restrictions on multi-layered structures
11:00 AM - 11:15 AM : Tea Break
11: 15 AM - 01:00 PM
Voting Rights
- Rights of Preference Shareholders
- Differential Voting Rights
- Entrenchment Provisions
- Voting on Related Party Matters
Applicability of Preferential Allotment to Private Companies
Exit Options to Investors
Board and Governance Issues
- Number of Directors
- Independent Directors
- Immunity to independent directors
01: 00 PM – 01:45 PM : Networking Lunch
01:45 PM - 4:30 PM : Module 2 (30 mins Tea Break at 2:45 PM)
Module 2 : Provisions related to Mergers & Acquisitions under New Companies Act 2013
01:45 PM – 2:45 PM :
Provisions relating to Mergers, Amalgamations & Arrangements under the New Act
- M&A - Restructuring/Arrangement
- M&A - Cash repatriation
Mergers of Indian Companies:
- Holding & Subsidiary companies
- Small Companies
- Other Companies
- Reverse Mergers
02:45 PM - 03:15 PM : Tea Break
3:15 PM - 04:30 PM
Investor Protection
Class Action Suits
Insider Trading provisions, purchase of minority shares (squeeze out)
Regulatory Approvals, Procedure & Process of M&As under new NCLT Regime
4:30 PM - Closing Remarks
VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
THE LALIT, Mumbai
THE LALIT
Sahar Airport Road,
Mumbai
Drop us a line and we will call you.
